The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1887-11-09


may have been gathered from the state
ments regarding the loan in my intermedi-
ate Financial report, but these statements
have no bearing on the present question
and were only intended to account for the
difference between the nominal 81 500, 900,
which the Government were assumed to
have borrowed and the actual sums re-
ceived by the Treasury. At the recent
ruling rates of exchange between San
Francisco and London this Government
could have repaid f20O, 900 sterling in Lon
don with $4,000 III U. S. gold, and the
half-yearly interest OF 900 with $29, 100
III L. S. gold.
1t has not borrowed 81 100000 L. 5. gold
and does not pay interest on that amount.
Respectfully submitted,
w. L. GREEN,
Minister of Finance.
Noble Castle said that as the two reports
had not been translated, he moved they be
translated and printed and laid before the
House.
Minister Brown thought it hardly neces-
sary to have the financial agents report
translated, as a good deal of it was en-
ment
Noble Baldwin moved that the reports
be referred to a committee of five, to be
elected by ballot by the House. 1t was
one of the most important matters before
the House. The country was looking to
them to present an unbiased and thorough
report A thorough investigation was de-
sirable. By electing such committee he
thought it the only way to arrive at a
thoroughly unbiased opinion. In that
way they would show the country that
they looked upon this loan matter as one
of great Importance and that they would
investigate it thoroughly.
Noble Smith seconded the motion.
Noble Castle thought the motion little
''too previous" The reports should first
be translated and printed. He did not
know whether the Ministers were going to
bring in a loan bill or not. Perhaps they
would.
Noble Smith thought the motion would
tend to facilitate this matter. The com
mittee, if appointed, would go to work at
once. 1t would take them some time.
Noble Richardson was not III favor of
referring the matter to a select committee.
The report was to go to the Printing Com
mittee, and could not be in the hands of
two committees at the same time.
Minister Green thought the reports
ought to be printed in English and Hawa-
iian and laid before the House before the
committee was appointed. He was as
anxious as anyone to have this matter
hurried, but would like to have it properly
brought before the House.
The reports were received and ordered
to be translated and printed.
RECONSIDERATION.
Noble Warehouse moved that the resO-
luton presented by Noble Castle, relating
to the business of the House, and passed,
be recOnsidered.
Noble Castle asked if Noble Warehouse
voted with the majority.
President Wilder said he did.
Rep. Kinney was in favor of reconsider
alton, as he did not believe in tying up
their discretion.
The motion to reconsider was carried,
and the resolution was then laid on the
table.
NOTARIEs PUBLIC BILL.
Minister Thurston gave notice of an Act
to amend section 1926 of the Civil Code,
relating to notaries public.
PERMANENT SETTLEMENT BILLS.
Rep. Kalaukoa read for the first time
the following bills: An Act to repeal
chapter II, Session Laws of 1882, relating
to pension for Hon. H. Kuihelani; an Act
to repeal chapter 45, Session Laws of 1882,
10 70
Mrs P Nahaolelua an Act to appeal
chapter 81, Session Laws of 1886, relating
! to a permanent settlement for Mrs. Emma
Barnard.
The three bills passed to second reading.
THE OPIUM LAW.
Rep. Kamuoha offered resolution that
the Minister of Interior be requested to
| answer the following questions: l. When
was the sale of opium licensed by the Act
of 1886? 3. To whom issued, and for how
long? 3. How much money was paid for
the same license?
CROWN LAND REVIEW UES.
Minister ThurstOn gave notice of an Act
to establish a commission to receive and
disburse the Crown land revenues and to
define the powers and duties of such COM
mission.
sPIRITUOUS LIQUORS.
/ Noble Smith gave notice of two bills re-
lating to the licensing of spirituous liquors
CROWN LANDS AGAIN.
Noble Hitchcock presented the following
resolution:
WHEREAS, At the present time large
tracts of land on these Islands, known as
Crown lands, are now unavailable for the
use of the public, and cannot be disposed
of by law; and it has become necessary
that said lands should be thrown open for
settlement, thereby increasing the number
of actual settlers in the Kingdom and it's
general welfare; therefore be it
Resolved, That commission consisting
of five members, one to be selected from
each island, be appointed by the President,